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Gregory SchoenmakersThis sounds a lot like the stuff that conspiracy theories are made out of. You make it sound like money is being created under the table without any accounting being done....

9 hours ago

Gregory SchoenmakersIf the BoE were to create money without acquiring an asset for it then its balance sheet would be out of whack. A central bank effectively monetizes assets - whether it be government securities or some other asset/security....

9 hours ago

Gregory SchoenmakersI am aware of how base money can be created and the different methods that it can be injected into the economy. That doesn't address the what I posted above....

9 hours ago
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James MurrayYup Rollo, Can't disagree with much of what you say. All we need is convince about 15 million others and we are quids in. Jim Murray...

4 days ago

Rollo10Jim, there's no such thing as 'cheap food' as they are now flooding the market with GMO's, Where 'protection' of the farmers comes from I don't know, as we have lost over half our dairy farms and over a third of Agri. The CAP only benefits landowners, who don't have to be farmers, not the farmers wh...

5 days ago

James MurrayRolloSounds like you an Outer. But you right that the single market can be a poisoned chalice. Yes there are no trade barriers and tariffs inside the 28 countries. However, the same have been erected around the outside EU single market border of the collection of those countries.This means that we c...

6 days ago
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James MurrayFrank,A retrained and cautious review of another of the EU's failed projects. It is typical of massive entities, like oil tankers, that they are slow to react to events. However, when those entities are captained by committees of faceless civil servants this lack of speed becomes too little too lat...

4 days ago
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James MurrayStan,On a further point, I note that Frank van Lernen has chosen to rename QE for the People to Public Money Creation. Conceivably, the first siubriquet was too close to Corbyn's People's QE. I support that decision as there would be a knee-jerk reaction from the non-left against all things Corbyn a...

2 weeks ago

James MurrayHi Stanislas,Things reasly seem to be happening in Europe...!But then, except Germany, the the whole continent is either moribund or, for Greece, Italy and Pirtugal, is approaching a basket case. And nothing they are doing seems to be working. They didn't even have the nous to learn from QE, in the ...

2 weeks ago
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